Peer-to-peer payments are changing the retail landscape, with major names such as Starbucks and Walmart embracing the convenient and flexible payment option. According to a recent report by PYMNTS intelligence, 51% of consumers use P2P payments in the U.S...
Continue ReadingApple’s (AAPL) fourth-quarter report Thursday will be the first glimpse into sales since Apple unveiled its latest slate of iPhones and new artificial intelligence features, known as Apple Intelligence, at its annual event in early September — and Wall Street is expecting a strong quarter of yearly growth...
Continue ReadingParnassus Growth Equity Fund (I) returned 3.29% (net) for the quarter, outperforming the Russell 1000 Growth Indexâs 3.19%. Click here to read the full fund letter...
Continue ReadingParnassus Core Equity Fund (I) returned 5.50% (net) for the quarter, slightly underperforming the S&P 500 Indexâs 5.89%. Click here to read the full fund letter...
Continue ReadingWe initiated a new position in Taiwan Semiconductor Manufacturing Company. Click here for our brief investment thesis on TSM stock...
Continue Reading(Bloomberg) -- Apple Inc.’s iPhone exports from India jumped by a third in the six months through September, underscoring its push to expand manufacturing in the country and reduce dependence on China.Most Read from BloombergInside NYC’s Playbook for Getting Federal Grant FundsThere Will Soon Be No Meatpackers Left in NYC’s Historic Meatpacking DistrictThe Tartarian CandidateA Courtyard Apartment Building Designed for Southwest SprawlBooming Cambridge Exposes England’s Widening Wealth GapThe US...
Continue Reading(Bloomberg) -- Asian equities traded in a narrow range as traders prepared for the US election and key economic data that will set the stage for the next Federal Reserve decision.Most Read from BloombergInside NYC’s Playbook for Getting Federal Grant FundsThere Will Soon Be No Meatpackers Left in NYC’s Historic Meatpacking DistrictThe Tartarian CandidateA Courtyard Apartment Building Designed for Southwest SprawlBooming Cambridge Exposes England’s Widening Wealth GapShares rose in Sydney while T...
Continue ReadingWe've got several notable companies on the reporting docket for next week, who will help kick off the reporting cycle for the broader Mag 7 group...
Continue ReadingApple (AAPL) is set to report fiscal fourth quarter earnings on Thursday, October 31, amidst a busy week of tech announcements. The iPhone maker launched its Apple Intelligence features on Monday through its iOS 18.1 software update Investors are looking to see if the newly revealed Apple Intelligence will have a noticeable impact for the tech company. TECHnalysis Research president and chief analyst Bob O'Donnell joins Asking for a Trend to discuss. "As of today, it's Apple semi-Intelligence because we're not quite totally there yet," he explains. Despite rolling out features like Genmoji and text-writing capabilities, the company faces the same challenge as its competitors: "convincing consumers that this AI stuff matters." "Apple's going to really have to convince consumers that there is value in this capability, and it's going to take a long time," O'Donnell states. He doesn't anticipate seeing a significant AI impact in the company's upcoming earnings report. However, he believes that over the long term, these AI features will enhance the usability of Apple devices, and it will "kind of sneak up on us." Watch the video above to hear what O'Donnell says about Big Tech's capital expenditures on artificial intelligence. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. This post was written by Angel Smith...
Continue ReadingApple Intelligence launched on Monday, but the rollout is just a glimpse of how Apple hopes to transform its products with AI...
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